Opening and Closing Bell on Wall Street
On Thursday, November 8, NYSE Euronext will recognize the swift corporate action by Coca-Cola (NYSE: KO); Fed-Ex (NYSE: FDX); Home Depot (NYSE: HD); Lowe’s (NYSE: LOW); PG&E (NYSE: PCG); UPS (NYSE: UPS), Wal-Mart (NYSE: WMT); and XO Group (NYSE: XOXO) in responding to relieve communities impacted by Hurricane Sandy. Collectively, these corporations have contributed $11 million towards recovery aid, as well as the donation of their services and the volunteer efforts of their employees.
Representatives from these companies will join together in ringing today’s NYSE Closing Bell in recognition of corporate giving to the community:
Jim Brennan, Sr. VP Region Sales Manager for Coca-Cola Refreshments, The Coca-Cola Company
John Savarese, Staten Island Team Member - The Coca-Cola Company
• The Coca-Cola Company has a long-standing history of supporting communities in their time of need. As the Northeast U.S. begins to recover from the effects of Hurricane Sandy, Coca-Cola is working to ensure that there is relief on hand. On October 31, 2012, the philanthropic arm of The Coca-Cola Company, The Coca-Cola Foundation, pledged $1MM to local community relief efforts. These funds will help provide resources for necessary food and shelter in the short-term and will aid in the long-term rebuilding efforts.
• Despite widespread road closures and power outages, pallets of bottled water have already been delivered to hard hit areas in New York, New Jersey and other parts of the region. Coca-Cola is working with local authorities and agencies to assess additional beverage donation needs and identify ways to provide assistance.
Glen Brandow, Director, Global Communications - FedEx Corporation
Bill Bonneau, Manager, Station Operation s- FedEx Corporation
• In addition to the $1.2 million cash and in-kind transportation support for the American Red Cross Annual Disaster Giving Program, FedEx is making an additional $1.2 million cash and in-kind contribution in support of the American Red Cross, The Salvation Army, Heart to Heart International, Direct Relief International and other relief organizations.
Tony Lemma, Regional Vice President of New York Metro, Home Depot, Inc.
• The Home Depot Foundation donated $1 million to the immediate relief, recovery and rebuilding efforts in the Northeast in the wake of the widespread damage by Superstorm Sandy. Donations are immediately being issued to the Red Cross, Team Rubicon, and Operation Homefront. Team Depot, the company’s associate-led volunteer force, is also working with local authorities and nonprofit groups to assess damage and mobilize volunteers for cleanup activities.
Robert Niblock, Chairman, President and CEO, Lowe's Companies, Inc.
• Lowe's announced it will donate $1 million to disaster relief and rebuilding efforts in communities affected by Hurricane Sandy. Lowe's will work with its national nonprofit partners to provide both immediate and long-term support to local communities across the Northeast.
• As part of the $1 million pledge and to help raise awareness for hurricane victims, Lowe's matched the earnings of five-time Sprint Cup champion Jimmie Johnson from Sunday's NASCAR race at Texas Motor Speedway, with a minimum donation of $250,000 to the American Red Cross. Johnson and Hendrick Motorsports together will donate an additional $48,000 to the Red Cross.
Tim Bedford, Restoration & Control Manager, Northern Region - Pacific Gas & Electric Company
• PG&E, which has sent more than 150 electric workers to the East Coast to help restore power to the millions of customers who lost it during Hurricane Sandy, also is making a direct contribution to relief efforts.PG&E made a $50,000 donation to the American Red Cross to support those in need after the massive storm swept across the Eastern Seaboard. In addition, PG&E has committed $2.5 million in 2012 to help communities in its service area become disaster-ready, and ensure that local residents and organizations are equipped with the training, resources and networks necessary to effectively prevent, prepare for, respond to and recover from emergencies. This effort is led by individuals and organizations within each community, facilitated by the American Red Cross and supported with funding by PG&E.
John Adamowicz, UPS Driver, United Parcel Services, Inc.
• UPS pledged $1.5 million in cash and in-kind support to aid in the recovery efforts following the devastation caused by Superstorm Sandy that struck the northeast corridor of the U.S. earlier this week.In addition, all UPS package, freight and logistics operations have been restored and UPS employees throughout the region are working diligently to provide service to the affected areas, although many businesses remain closed and some locations are inaccessible. Even so, some UPS drivers are attempting deliveries wherever safety allows, much to the delight of their customers, some of whom have posted videos on social media channels.
• Hurricane Sandy is to Hoboken what Hurricane Katrina was to New Orleans. Sandy drowned the square mile of city center that houses 48,000 people under four feet of floodwater.No wonder residents gawked on Wednesday, barely 36 hours after the hurricane, when a UPS package car peacefully rolled through on its route, muddy water sloshing very near the top step.
Colin Waits, Market Manager, Sam's Club – Wal-Mart Stores, Inc.
• Wal-Mart Stores, Inc. is a company that recognizes its responsibility to help make a difference in times of need. The company already pledged up to $1.5 million to help with Sandy relief efforts and scheduled the delivery of about one million bottles of water to impacted areas.
• On Sunday, Nov. 4, Walmart donated to hard hit areas six Walmart trucks containing items such as disinfecting wipes and blankets as well as 60 pallets of dry food and beverages, about 1,000 cases of bleach and more than 2,000 cases of paper towels.
• http://news.walmart.com/disaster-response This is a link to our video and corporate site that highlights our response to the storm. There is a great video on this page where Governor Cuomo talks about our ability and willingness to help those in need.
Carley Roney, Co-Founder and Chief Content Officer, XO Group Inc.
• Hurricane Sandy’s path of destruction has put life on hold for millions of residents in states along the Eastern Seaboard. The Knot estimates the weather disrupted wedding plans for more than 2,300 brides-to-be the weekend of the storm. The Knot created a Facebook page as an online forum to connect brides with venues and vendors to reschedule this week’s weddings and to keep the more than 4,000 November ceremonies on track.
• The Facebook page called “Helping Brides in the Wake of Hurricane Sandy” is a place where East Coast couples can share tips, find available venues and talk to local experts. Helping couples tie the knot as scheduled is the main goal for The Knot, the most-trafficked wedding website. The Knot wanted to come up with a fast and easy way to connect as many brides to wedding planning pros and venues as possible.